[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion]Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao
On August 25, 2026, the world’s largest-diameter underwater shield tunnel, the Jinan Huanggang Road Yellow River Tunnel constructed by CR14G, was officially opened to traffic. Adopting a single-tube double-deck structure and overcoming multiple world-class technical challenges, the tunnel cuts the cross-river travel time from 40 minutes to merely five minutes.Editor/Min Jing
Recently, Jingtang Port in Tangshan launched its first open-top container freight train transporting Indonesian coking coal from Jingtang Port to Xiaonan, adding a new cargo type to its freight business. Targeting the coal demand of enterprises in Shanxi, the port has standardized operation procedures and strictly implemented environmental protection requirements, successfully opening up a new railway transportation channel for imported coking coal.Editor/Min Jing